Volcon Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Revenue	3.26	4.55	0.45	0
Revenue Growth (YoY)	-28.28%	913.03%	-	-
Cost of Revenue	11.39	13.41	10.51	0
Gross Profit	-8.13	-8.87	-10.06	0
Selling, General & Admin	13.79	14.74	18.66	0.96
Research & Development	7.87	8.46	10.47	0.41
Operating Expenses	21.66	23.2	29.12	1.37
Operating Income	-29.79	-32.06	-39.18	-1.37
Interest Expense / Income	4.97	2.26	0.09	0.01
Other Expense / Income	10.31	-0.09	0.85	-
Pretax Income	-45.07	-34.24	-40.13	-1.37
Net Income	-45.07	-34.24	-40.13	-1.37
Shares Outstanding (Basic)	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0
Shares Change	82.68%	418.65%	1789.94%	-
EPS (Basic)	-234.37	-325.20	-1977.75	-1280.25
EPS (Diluted)	-234.37	-325.20	-1977.75	-1280.25
Free Cash Flow	-30.43	-34.45	-24.99	-1.39
Free Cash Flow Per Share	-158.23	-327.21	-1230.92	-1291.23
Gross Margin	-249.31%	-195.00%	-2241.13%	-
Operating Margin	-913.61%	-705.21%	-8729.54%	-
Profit Margin	-1382.13%	-752.97%	-8940.15%	-
Free Cash Flow Margin	-933.12%	-757.62%	-5566.93%	-
EBITDA	-39.48	-30.78	-39.45	-1.36
EBITDA Margin	-1210.76%	-677.03%	-8789.34%	-
Depreciation & Amortization	0.62	1.19	0.59	0
EBIT	-40.1	-31.98	-40.03	-1.37
EBIT Margin	-1229.74%	-703.28%	-8919.83%	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).